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Updated over 6 years ago on .

User Stats

55
Posts
4
Votes
Daniel E.
  • Charlotte, NC
4
Votes |
55
Posts

Pre-foreclosure Non-Performing Loan For Sale In Hot Ohio Market

Daniel E.
  • Charlotte, NC
Posted

As-is value of property is $100k based on a 2018 BPO ( Zillow @ $105k - this is a real value, no low value sales in area).

Borrower is unresponsive and the asset has been abandoned in by the Chapter 7 bankruptcy. They have no foreclosure defense. Foreclosure started with anticipated sale date of April 2019. 

Total UPB: $54,000

Total Payoff: $101,000

Will sell the note for $45,000.

Also will put the asset under contract and sell with clean title after the foreclosure for $65,000 (approximately April 2019).

Please message for address. 

Offering